there are opportunities for stakeholder input in the LTPF process, through presentation of the plan in a public forum and its publication (including supporting documentation and explanations of the process followed) as part of the budget document and in a separate report.
San Clemente's LTPF includes economic and financial trend overviews that provide a base reference for the expenditure and revenue forecasts that follow.
The framework for San Clemente's LTPF is provided by several fiscal policy guidelines developed by administrators and financial managers for a variety of key management issues.
Once it has been developed, the LTPF is presented in a public meeting to the city council and other stakeholders for their review.
Using the insights and guidance provided by the LTPF, San Clemente's financial managers and administrators then develop workplans to allocate resources in a budget document.
A good long-term planning process is essential for governments to effectively prioritize budgetary issues and then produce a budgetary program that links those budget priorities to the fiscal resources available By implementing an effective LTPF, the City of San Clemente is able to more effectively plan for future contingencies and to allocate budgetary resources in a more efficient and rational manner.